CSI Solar Co., Ltd. (SHA:688472)

CSI Solar Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	12,006	11,689	18,950	11,940	7,257	8,827
Trading Asset Securities	2,244	2,035	107.58	127.71	128.76	98.24
Cash & Short-Term Investments	14,250	13,724	19,058	12,068	7,386	8,925
Cash Growth	2.19%	-27.99%	57.92%	63.40%	-17.25%	18.21%
Accounts Receivable	11,619	12,351	8,908	8,084	4,959	3,105
Other Receivables	1,947	914.95	790	543.11	478.52	212.66
Receivables	13,566	13,266	9,698	8,627	5,438	3,318
Inventory	7,587	7,164	7,799	9,137	6,676	3,712
Prepaid Expenses	-	-	-	123.3	-	-
Other Current Assets	2,870	2,265	2,428	2,732	3,392	2,890
Total Current Assets	38,273	36,418	38,983	32,688	22,892	18,846
Property, Plant & Equipment	24,517	22,489	22,191	12,718	8,866	8,156
Long-Term Investments	1,175	1,060	916.62	462.64	380.43	289.5
Other Intangible Assets	-5.61	814.94	829.02	573.76	570.01	540.89
Long-Term Accounts Receivable	30.47	26.57	-	-	-	-
Long-Term Deferred Tax Assets	2,778	2,213	1,564	1,147	962.02	623.99
Long-Term Deferred Charges	1,443	1,399	311.75	187.67	210.53	117.69
Other Long-Term Assets	724.57	939.77	980.57	523.56	239.41	648.08
Total Assets	68,935	65,359	65,775	48,300	34,120	29,222
Accounts Payable	10,961	10,845	12,138	16,391	9,062	7,562
Accrued Expenses	2,498	2,013	1,639	1,375	1,211	794.62
Short-Term Debt	8,026	7,963	6,887	5,273	6,125	4,009
Current Portion of Long-Term Debt	2,637	1,963	1,859	709.75	949.36	315.63
Current Portion of Leases	214.3	256.64	476.17	146.78	149.78	139.33
Current Income Taxes Payable	981.71	710.8	352.15	269.32	211.25	127.94
Current Unearned Revenue	3,260	2,967	5,605	3,095	1,780	1,798
Other Current Liabilities	5,357	5,156	8,133	4,834	2,645	2,109
Total Current Liabilities	33,935	31,876	37,090	32,095	22,133	16,856
Long-Term Debt	6,941	6,369	3,423	2,396	277.58	1,034
Long-Term Leases	1,763	1,434	1,208	241.11	317.29	2.72
Long-Term Unearned Revenue	1,432	1,508	1,511	1,156	1,074	748.45
Long-Term Deferred Tax Liabilities	105.93	117.43	122.27	91.1	138.22	36.23
Other Long-Term Liabilities	1,465	1,178	942.33	584.46	712.26	995.17
Total Liabilities	45,643	42,482	44,296	36,563	24,652	19,672
Common Stock	3,688	3,688	3,688	3,066	3,066	3,066
Additional Paid-In Capital	7,902	7,851	7,622	1,513	1,471	1,381
Retained Earnings	12,527	12,132	10,320	7,422	5,266	5,188
Treasury Stock	-894.1	-566.35	-	-	-	-
Comprehensive Income & Other	87.21	-203.73	-212	-338.52	-407.23	-126.79
Total Common Equity	23,310	22,902	21,418	11,663	9,395	9,509
Minority Interest	-17.57	-24.76	61.5	73.89	73.06	40.87
Shareholders' Equity	23,293	22,877	21,480	11,737	9,468	9,550
Total Liabilities & Equity	68,935	65,359	65,775	48,300	34,120	29,222
Total Debt	19,581	17,986	13,852	8,767	7,819	5,501
Net Cash (Debt)	-5,332	-4,262	5,205	3,301	-433.47	3,424
Net Cash Growth	-	-	57.68%	-	-	-
Net Cash Per Share	-1.45	-1.16	1.52	1.07	-0.14	1.19
Filing Date Shares Outstanding	3,602	3,609	3,688	3,066	3,066	3,066
Total Common Shares Outstanding	3,602	3,688	3,688	3,066	3,066	3,066
Working Capital	4,338	4,542	1,893	592.85	758.72	1,990
Book Value Per Share	6.47	6.21	5.81	3.80	3.06	3.10
Tangible Book Value	23,316	22,087	20,589	11,089	8,825	8,968
Tangible Book Value Per Share	6.47	5.99	5.58	3.62	2.88	2.92
Land	248.9	237.92	198.55	193.69	116.89	132
Buildings	7,038	6,990	6,964	5,356	4,651	3,423
Machinery	19,830	19,327	17,050	10,770	9,694	8,875
Construction In Progress	6,269	4,145	4,266	2,503	628.71	1,298

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.